Booming video games industry makes up half the UK entertainment market January 3, 2019 The video games sector now accounts for more than half the UK’s entertainment market and is bigger than video and music combined, new figures have revealed. The booming games industry is worth £3.86bn, more than double its value in 2007, and now makes up over 51 per cent of the entire UK entertainment market, according [...]
Record digital sales of The Greatest Showman boost UK home entertainment market January 3, 2019 Hit movie The Greatest Showman helped the UK home entertainment market grow by 10 per cent in 2018, new figures have revealed. The popular musical, which stars Hugh Jackman as the head of a circus troupe, was the best-selling film of the year, with more than 2.7m copies sold. A majority of the film's sales [...]
Netflix to appoint former Activision exec as new finance chief January 2, 2019 Netflix has appointed a new finance chief to its executive team, filling a four-month-long hole left by the role's former occupant David Wells. The streaming service said it has hired Spencer Neumann for the position, a veteran media executive who was most recently the chief financial officer for gaming firm Activision Blizzard. As first reported by Reuters, Neumann [...]
Netflix comes under fire for removing comedy episode critical of Saudi prince January 2, 2019 Netflix has pulled an episode of a comedy show that criticised Saudi Arabia after complaints from the country’s regime, sparking fears over freedom of expression in the kingdom. The online streaming service removed an episode of the standup show Patriot Act in which host Hasan Minhaj criticised Saudi Arabia over the murder of journalist Jamal [...]
For Facebook, Apple, Amazon, Netflix and Google, 2018 was the year when trust in the tech giants evaporated December 20, 2018 The Faangs (Facebook, Amazon, Apple, Netflix, and Google-owner Alphabet) have been the darlings of the stock market for years. These tech giants have helped to change how we shop, communicate, work – even how we watch movies. But as they have grown in size, fears have also grown, especially about what they may do with so [...]
Facebook shares down after investigation reveals true extent of data-sharing with other tech giants December 19, 2018 Facebook’s shares fell 6 per cent today after an investigation revealed the company gave big tech companies far greater access to users’ personal data than it had previously admitted. The social media giant let Microsoft’s Bing search engine see the names of virtually all users’ friends without their permission, according to reports. The New York [...]
From tech to Trump – here’s what prompted the big market moves of 2018 December 18, 2018 From Brexit to trade wars, nothing has been plain-sailing about 2018. It’s been a year of peaks and troughs across all major markets, so let’s have a look at the big moves of the past 12 months. Tech in turmoil This was the year when the tech giants raced to become the first ever $1 [...]
What this year’s Christmas adverts can teach us about making a great ad campaign December 17, 2018 With just over a week to go until Christmas Day, the big question is: have you bought all your presents yet? (I haven’t.) If you have, did any of this year’s festive ads sway your opinion? Did Elton John tickling the ivories mean that retailer John Lewis tickled your fancy, or did you feel like doing [...]
The unstoppable rise of podcasts: How an industry was reborn December 16, 2018 It seems nothing can stop the rise of podcasts. On-demand listening has become the sine qua non of the commuter; the lifeblood of dinner party conversation. Popular podcasters attract millions of listeners, and advertisers are starting to reap the rewards. And yet podcasts are not a new phenomenon. They predate Facebook, Youtube and Twitter, and [...]
‘Non-sexy’ is the new cool: UK fintech predictions for 2019 December 13, 2018 Despite the continued uncertainties of Brexit, 2018 was another year for the UK’s fintech sector. Record levels of investment poured into the community, with $16bn secured in the first six months of 2018, exceeding the value of investment in US fintech by almost $2bn. In addition, progressive regulation and a thriving financial services sector attracted [...]